Beijing warned US to be ready to "bear the consequences" if Washington didn't remove the sanctions it has imposed on a key Chinese military agency, set up by President Xi Jinping recently, for buying Russian weapons.
According to the ministry of foreign affairs (MFA), Geng Shuang said that the US action violated the basic principles of international relations.
Vietnam President Tran Dai Quang Dies
Vietnam President Tran Dai Quang, one of the country`s top three leaders but with mostly ceremonial duties, died after an illness.
Vietnam has no paramount ruler and is officially led by the President, Prime Minister and Communist Party chief.
Quang was appointed to the role in April, 2016. Before that, he had served as Minister of Public Security.
Reliance Industries has permanently shut down its only oil field in the flagging KG-D6 block after production declined to nil.
Reliance Industries (RIL) had till date made 19 oil and gas discoveries in the Krishna Godavari basin. Of these, D26 or MA, the only oil discovery in the block, was the first field to begin production in September 2008. Dhirubhai-1 and 3 (D1 and D3) fields went onstream in April 2009.
KYC Norms for Foreign Portfolio Investors Revised
Markets regulator SEBI issued revised KYC norms for foreign portfolio investors (FPIs), wherein resident as well as non-resident Indians have been permitted to hold non-controlling stake in such entities.
The Securities and Exchange Board of India (Sebi) said it accepted the recommendations by a panel set up to review the rules for foreign portfolio investments.
Infosys Plans Tech Hub in Arizona
Infosys will open a Technology and Innovation Hub in Arizona and hire 1,000 American workers in the State by 2023.
The Arizona Technology and Innovation Hub will focus on autonomous technologies, Internet of Things, full-stack engineering, data science, and cybersecurity.
The Union environment ministry will be soon issuing a draft notification declaring the Western Ghats as eco-sensitive area (ESA) for a second time after a similar draft in 2014 expired due to a lack of consensus among states and the Centre. Karnataka, one of the six states to be affected, has already said it will not accept the fresh notification as "it will have an adverse effect on state's economy".
The affected states that also include Tamil Nadu, Goa, Maharashtra, Kerala and Gujarat will have 60 days time to respond to the draft.
Hotline in Delhi to Talk to Pakistan Rangers
The Border Security Force (BSF) has opened a new hotline in Delhi to communicate with the Pakistan Rangers. It was set up last month after the BSF was unable to reach its counterpart through the existing hotline in Jammu in June when four BSF personnel were killed. This year, 12 BSF personnel had been killed along the 192-km International Border in Jammu, the highest death toll in five years.
Olympiad for Teachers
The fourth edition of the CENTA Teaching Professionals Olympiad (TPO) 2018, a national competition to recognise and reward teachers, will be held in December in 45 cities across the country.
TPO now has more subjects tracks and language mediums. The test is available in 20 subject tracks across different school levels from the Primary to Senior Secondary level in English medium. Teachers could take up test in four regional languages �" Hindi, Marathi, Tamil and Telugu �" in the Primary level.
Nearly 20,000 teachers across the country may participate this year.
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